Sold
$215,000
4 beds · 3 baths · 2,254 sqft
4048 Rainbow Drive, Decatur, GA 30034
Great deal
Priced about $238,856 (53%) below comparable homes. Estimated market value $453,856, based on 11 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Fiixer upper here with a ton of potential! Great opportunity to make it your own. The house features 4 bedrooms and 2 full baths, with an additional half bath. House also has an open design perfect for family gatherings and a private lot. Lots of natural light throughout the home with a fieplace perfect for family gatherings. Some included features are master on the main, a…
Master on mainPoolBasementGarageNo HOA
Listing remarks courtesy of Prestige Brokers Group, LLC. · Sold by Virtual Properties Realty.com.
· FMLS #7518653$1,470/mo est.
with $21,500 down · $215,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
4
Beds
3
Baths
2,254
Sqft
1969
Built
0.59 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,475/morange $2,300 – $2,65013.8% gross yield
Based on 12 similar rentals within 2 mi (3 recently leased).
Home facts
Payment calculator
$1,533/mo
Principal & interest$1,255
Property taxes$215
Home insurance$63
Down payment$21,500 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for sale
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Schools
RainbowElementary
Chapel Hill - DekalbMiddle
Southwest DekalbHigh
Location
46 for sale 16 pending 12 sold
Listed by
Prestige Brokers Group, LLC. · Sold by Virtual Properties Realty.com
Source: FMLS · #7518653
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
